die Abrechnung, -en

The German word "Abrechnung" is a noun meaning "settlement," "billing," or "accounting."

• It is made from "Rechnung" (bill, invoice, or calculation).
• The prefix "Ab-" here implies off, away, or completion.

Similar words:

• Rechnung (invoice, bill)
• Abschluss (closure, conclusion)
• Abwicklung (processing, handling)

Difference:

• "Abrechnung" emphasizes the finalization or settling of accounts — the complete calculation and settlement after services or transactions, whereas "Rechnung" is just the bill or invoice itself.
• "Abschluss" is broader, meaning conclusion or completion of a process, not specifically tied to financial accounts.
• "Abwicklung" refers more to the process or handling, not the actual settlement.